Installing a new kitchen is one of the biggest financial commitments you’ll make in your property, and as the hub of the family home it’s important to ensure it responds to your every need. Remember, this investment could also make a good return, with a new kitchen adding anywhere between 5% to 15% potential value to your home. But, how much is a new kitchen? There are a number of factors that can affect the cost.
Style and Craftmanship – The style of kitchen you buy can affect the price. For example, the classic Shaker style which is currently an incredibly popular kitchen design requires a higher level of craftsmanship to achieve the sharp cut out look – thus will undoubtedly cost more than the smoother, sleek cupboard design found in contemporary kitchens. Bespoke and handmade kitchens often cost more, but can be worth it as it gives you the opportunity to select all the finer details, from the perfect wood grain, to hand-painting doors, which offer a truly personalised kitchen.
The necessary extras – On top of cabinets, you also need to consider worktops, appliances and installation in your kitchen cost – these will likely be double the amount you have paid for your cupboards but they are essential components of your dream new kitchen. There are a number of worktop materials and appliance brands on the market with varying price points. Therefore, think how important the name of brand is to you, over their actual functionality. Also keep in mind appliance guarantees, as these do help if you have issues down the line. At Optiplan Kitchens, we partner with AEG, NEFF and Bosch to offer very competitive deals on appliances, from ovens and dishwashers, to top of the range integrated coffee machines and hobs with built in extractor fans.
Storage – We recommend personalised storage to all customers as this is sometimes overshadowed by the aesthetics. While the look and feel of your dream kitchen is obviously important, it must also be functional for family life. However, the more storage and accessories you add to your kitchen order, the more the cost will increase. Therefore it’s important to balance the storage you require with the budget available.
How much should I budget for a new kitchen? – For a bespoke, handmade design the average cost to replace a kitchen is £14,000. For many people, £14,000 may seem unattainable, therefore, before you sign on the dotted line, make sure to look at the different kitchen finance options available – be it through the manufacturer or direct to lenders. At Optiplan, we offer a 0% interest free credit agreement so you can break your new kitchen down into flexible monthly payments, and a Buy Now Pay Later scheme. Also make sure to keep a look out for any offers we have available on kitchens, appliances or accessories.
Don’t downplay the value of a well-designed kitchen which could prove to be well worth the investment in the longer term, after all this is the room you will use day in day out, but also make sure you can afford your payments.